Steel Market Production Cuts – Workers at Cascade Steel’s Rolling Mills, a subsidiary of Schnitzer Steel Industries Inc., are reportedly poised to go on strike due to the failure in negotiating a new contract covering some 300 United Steelworkers. According to the Union, the company has been given a 72 hour strike notice which has the potential to halt production at the 800,000 tpy mill.

Steel Market Production Increases – Baoji Petroleum and Steel Pipe Company subsidiary Liaoyang Steel Tube has started production at its new welded pipe facility in Liaoyang. The facility has a production capacity of 150,000 – 200,000 mtpy of spiral welded pipe.

Sources: SteelOrbis, American Metal Market